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Configuration

The Configuration panel on the Account Settings screen lets you configure the following account settings:

• Account Alias - Define an alternate name for your account that is easier to remember than your Account ID.
• Account Type - Upgrade your Cash account to a Margin account, or upgrade your Margin account to a Portfolio Margin account.
• Base Currency - Modify the base currency for your account.
• Commissions Pricing Structure - Modify your commission plan.
• Excess Funds Sweep - Configure how you want us to handle the transfer of excess funds between the Securities and Commodities segments of your account.
• Bank Insured Deposit Program - Enroll your account in the FDIC Bank Insured Deposit Sweep Program.
• Paper Trading Account - Sign up for a paper trading account, which lets you trade in a simulated environment.
• White Branding - Advisors can incorporate their own branding into software and documentation.
• IB FYI - Configure automatic actions in your trading account.
• Institutional Services - Sign up for our clearing, prime broker and execution services.
• Investor Category - Answer a series of questions to determine if you qualify to trade a wider range of trading products.
• Dividend Reinvestment - Sign up to automatically invest cash dividends from common and preferred stocks in the underlying stock.
• Create, Move, Link or Partition an Account - Create a new linked account, link existing accounts, move your account to an Advisor- or Broker-managed account, or divide your account into multiple partitions.
• Close Account - Close your account.
• Large Trader ID - Configure your account to use your SEC Large Trader ID number(s).
• Account Inheritance - Register one or more Transfer on Death beneficiaries to whom you want to directly pass your account assets upon your death without having to go through probate.
• Regulatory Information - Update the regulatory information for your account.
• Trader Referral - Send an invitation to open an account.
• Manage Administrators - View, add, or remove Administrators to your account.
• Trusted Contact - Add a Trusted Contact Person.
• Securities Claim Recovery Service - Enroll in Litigation Recovery Service for eligible securities.
• Trading Restrictions - Manage trading restrictions in the Pre-Trade Compliance Tool.
• CSID Configuration - View, add or remove Client Service IDs to your account.
• Debit Card Signup for Clients - Enable Interactive Brokers Debit Card for clients.
• Registration Information - Modify your advisor registration information.
• IRA - View your IRA functions from Account Management.

Your Customer Type and Legal Residence are displayed at the top of the Configuration panel.